Annual Reports


  • 6-K (Mar 9, 2018)
  • 6-K (Feb 26, 2018)
  • 6-K (Feb 21, 2018)
  • 6-K (Feb 9, 2018)
  • 6-K (Feb 6, 2018)
  • 6-K (Jan 31, 2018)
Braskem SA 6-K 2016

Documents found in this filing:

  1. 6-K
  2. 6-K
bak20160906_6k.htm - Generated by SEC Publisher for SEC Filing
Washington, D.C. 20549


For the month of September, 2016

(Commission File No. 1-14862 )


(Exact Name as Specified in its Charter)
(Translation of registrant's name into English)

Rua Eteno, 1561, Polo Petroquimico de Camacari
Camacari, Bahia - CEP 42810-000 Brazil
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F ___X___       Form 40-F ______

Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1). _____

Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7). _____

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ______       No ___X___

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _____.









Braskem S.A. and Braskem Petroquímica Ltda (“Braskem” or “Buyers”) and Santo Antônio Energia S.A. (“SAESA” or “Seller”)

Relationship with the issuer

A Madeira Energia S.A. (“MESA”) holds a 100% interest in SAESA.

MESA, the parent company of the Seller, has three controlling shareholders, namely: Odebrecht Energia do Brasil S.A., Caixa Fundo de Investimento em Participações Amazônia Energia and SAAG Investimentos S.A.

Odebrecht Energia do Brasil S.A. directly holds an 18.6% interest in MESA and indirectly holds 10% interest in MESA through a participation in quotas 50.1% the Caixa Fundo de Investimento em Participações Amazônia Energia, which holds a 20% interest in MESA.

Odebrecht Energia S.A. holds a 100% interest in Odebrecht Energia do Brasil S.A. which is 100% controlled by Odebrecht S.A.

Odebrecht S.A., in turn, holds a 50.1% interest in the voting capital and a 38.3% interest in the total capital of Braskem, issuing company.


Purchase of electricity by the Buyers to supply their industrial units.

Main terms and conditions

Duration: 13 years as from Jan. 1, 2017

Price: subject to confidentiality clause.

Volume: The volume contracted equivalent to the amount of 2% to 4% of the electricity consumption of Braskem and may vary according to certain contractual conditions.

Agreement execution date

Aug. 26, 2016

Any participation by the counterparty, its partners or managers in the issuer’s decision-making process or in the negotiation of the transaction as representatives of the issuer


Detailed justification of the reasons why the management of the issuer believes the transaction was carried out on an arm’s length basis or involves adequate compensatory payment

The commercial conditions negotiated with SAESA reflect a market conditions in the power industry for long term agreement.





        Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: September 6, 2016
  By:      /s/     Pedro Van Langendonck Teixeiras de Freitas
    Name: Pedro Van Langendonck Teixeiras de Freitas
    Title: Chief Financial Officer



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